Written by David Lewis on Feb 4, 2009. Posted in Incentive News

Hungary & Ireland to sign treaty

Hungary and Ireland will sign a co-production treaty, in Berlin, on the 8th of February. According to Erszebet Toth, the Hungarian Film Commissioner, the treaty will be more about proportions than the amount spent. If one co-production has 80% funding from Hungary, this must be followed by a co-production that has 80% funding from Ireland. The agreement will also state that no more than 30% of funding can come from a third party.